WTI Crude Oil futures pull back from 3-month highs. 9/4/26

WTI Crude Oil futures pulled back slightly to trade near $90.75, snapping a four-day rally that had pushed prices to their highest levels since early June. The initial intraday sell-off saw prices drop to $88.72 following early-session discussions regarding potential geopolitical de-escalation in the Middle East. However, the market recovered a couple of dollars from those lows by the afternoon as traders digested the news. The broader energy complex continues to show significant upward momentum, with RBOB Gasoline and heating oil also realizing higher price action over the past couple of weeks. Learn more about trading futures and options at CME Group: https://www.cmegroup.com/markets/energy.html #CrudeOil #EnergyMarkets #Commodities